Nordic Business Report-April 27, 2006-Norwegian Air Shuttle reports 3-month operating loss of NOK60.7m
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Norwegian low-fare airline Norwegian Air Shuttle (Norwegian) reported on Thursday (27 April) an operating loss of NOK60.7m on total revenue of NOK539.1m for the financial quarter January-March 2006.
Operating loss for the three-month period increased from the loss of NOK51.0m, while total operating revenue increased from NOK319.7m, as compared to the corresponding period in 2005.
The total number of passengers during the period increased by 84% to 1,014,081, while total passenger traffic (RPK) increased by 86%.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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